Thompson Davis & CO. Inc. Invests $27,000 in CarParts.com, Inc. (NASDAQ:PRTS)

Thompson Davis & CO. Inc. bought a new position in CarParts.com, Inc. (NASDAQ:PRTS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 24,777 shares of the specialty retailer’s stock, valued at approximately $27,000.

Several other institutional investors have also recently made changes to their positions in PRTS. GSA Capital Partners LLP raised its stake in CarParts.com by 236.5% during the third quarter. GSA Capital Partners LLP now owns 1,233,829 shares of the specialty retailer’s stock valued at $1,118,000 after buying an additional 867,140 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in CarParts.com by 145.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 675,371 shares of the specialty retailer’s stock valued at $729,000 after buying an additional 399,901 shares during the last quarter. FMR LLC raised its stake in CarParts.com by 26.6% during the third quarter. FMR LLC now owns 426,441 shares of the specialty retailer’s stock valued at $386,000 after buying an additional 89,645 shares during the last quarter. Williams & Novak LLC raised its stake in CarParts.com by 19.2% during the fourth quarter. Williams & Novak LLC now owns 151,500 shares of the specialty retailer’s stock valued at $164,000 after buying an additional 24,400 shares during the last quarter. Finally, XTX Topco Ltd raised its stake in CarParts.com by 14.9% during the third quarter. XTX Topco Ltd now owns 78,917 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 10,230 shares during the last quarter. Institutional investors own 75.30% of the company’s stock.

CarParts.com Trading Down 4.8 %

PRTS stock opened at $0.94 on Friday. CarParts.com, Inc. has a 1-year low of $0.68 and a 1-year high of $2.68. The business has a fifty day moving average price of $1.11 and a 200-day moving average price of $0.96. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.57 and a current ratio of 1.62.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PRTS. StockNews.com upgraded CarParts.com from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Royal Bank of Canada lowered their price objective on CarParts.com from $0.90 to $0.80 and set a “sector perform” rating for the company in a research note on Wednesday, October 30th.

CarParts.com Company Profile

CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories.